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Power REIT (NYSE:PW) CEO David H. Lesser bought 200 shares of the stock on the open market in a transaction that occurred on Thursday, July 10th. The stock was purchased at an average price of $8.90 per share, with a total value of $1,780.00. Following the completion of the acquisition, the chief executive officer now directly owns 312,370 shares of the company’s stock, valued at approximately $2,780,093. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Power REIT (NYSE:PW) traded down 0.44% during mid-day trading on Friday, hitting $9.11. The stock had a trading volume of 1,941 shares. Power REIT has a 1-year low of $7.77 and a 1-year high of $9.72. The stock’s 50-day moving average is $9.20 and its 200-day moving average is $9.19. The company’s market cap is $15.2 million.

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